Monetize your vacant retail space in London
Earn money and find clients by listing your retail space for free in London in less than 5 minutes
Make the most of Storefront’s 45-day free trial. Storefront connects landlords and space owners in London with top brands, retailers, agencies, entrepreneurs, and artists looking to rent spaces like yours.
They trust our landlords:
Expose your retail space in London to the best projects
List your retail space in London and start generating income today
Why we need to rethink vacant about retail spaces in London?
The high street is in decline. In the last five years, the number of shops closing each year has increased, while the number of new openings has decreased. This knock-on effect on the economy, with businesses and jobs being lost.
One of the reasons for this decline is the rise of online shopping. But there are other factors, too, such as the high cost of rents and rates and the growth of out-of-town shopping centers.
The decline of the high street is bad news for London. Our city is built around its network of streets, and shopping is an important part of life in the city. If we lose our high streets, we lose a vital part of what makes London special.
We need to rethink the way we use our high streets. We need to find new ways to encourage people to shop in them. And we need to do something about the high cost of rent and rates.
How to start a retail venue rental business in London?
Are you interested in starting a retail venue rental business in London? If so, there are a few things you need to know to get started.
- First, you will need to find a suitable venue. This can be a challenge, as there are many factors to consider, such as location, size, and price.
- Once you have found a potential venue, visit it in person to get a feel for the space and determine if it is a good fit for your business.
- Next, you will need to obtain the necessary licenses and permits. This can be a complex process, so it is important to consult an experienced professional to ensure that you comply with all regulations.
- Finally, you must create a marketing plan to attract potential customers. This should include a mix of traditional and online marketing techniques.
Following these steps, you can start your own retail venue rental business in London.
List your retail space in London and get bookings today!
The advantages of listing your retail space in London with Storefront
1. Free Trial
2. Connect with amazing projects
3. Maximize your visibility
Is my space a good fit?
Discover your space’s potential on Storefront.
Utilize our free calculator that evaluates your space by comparing it to similar listings on Storefront. You’ll receive an estimate of the inquiries and bookings your space could attract.
How to succeed with Storefront
Maximize your retail space’s potential with three easy steps to win more renters on Storefront.
- Enter your daily price so that it is publicly displayed. Pricing is necessary to get relevant requests from qualified renters who can afford your retail space.
- Photos are your most important marketing tool. Listings with at least six high-quality photos taken from a variety of angles get more bookings than those without.
- Update your availability calendar to show prospective renters when they can book.
- Respond to inquiries within 48 hours. Projects often find a new space within five days – keep a competitive edge with a speedy reply.
- Enable SMS notifications to close deals faster. Hosts with SMS notifications enabled are more likely to be able to start a conversation and get a quote within 24 hours.
- Always accept payments through the Storefront platform. Add your bank account information to get faster bookings. Then you can pre-approve brands to rent your retail space. Learn more about collecting payments here.
- Boost your space to appear higher in the search results. Once your listing is live you have the option to Boost your listing with a monthly subscription. Boosted listings appear at the top of relevant searches and consistently receive more views, inquiries and bookings.
Monetize your empty retail space in London
Listing your retail space in London with Storefront in three steps
- It takes 5 minutes
- Take some great photos
- Get your contact and payment details ready
How to set up a retail venue in London?
If you’re thinking of setting up a retail venue in London, there are a few things you need to take into account.
- First of all, you need to consider the location of your shop. London is a very large city, so you need to make sure you’re in a prime spot that will get a lot of foot traffic.
- Once you’ve found the perfect location, you need to start planning the layout and design of your shop. This includes everything from the layout of the merchandise to the lighting and decor.
If you put in the time and effort to plan everything out perfectly, you’re sure to have a successful retail venue in London.
Find more renters with amazing photos
- Take professional photos
- Write a top-notch space description
- Put down the right pricing
What to do with vacant retail space in London?
As the retail landscape shifts, so too must the way we use and think about vacant retail space. In London, several ways exist to repurpose this space to best suit the community’s needs.
- One option is to convert the space into a community hub. This can be a space for local businesses to sell their wares, for community events, or for start-ups to have a physical space to work from.
- Another option is to use the space as a pop-up shop. This can be a great way to test a new business idea or bring new and exciting businesses to the area.
- Finally, vacant retail space can also be used for arts and culture. This can be anything from a performance space to an art gallery or exhibition.
Whatever the use, it is important that the community is involved in the decision-making process to ensure that the space is best used to meet their needs.
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How long does it take to fill vacant retail space in London?
Finding the right tenant for vacant retail space in London can be a tricky process. There are many factors that can influence the length of time it takes to fill the space. These include the size and condition of the property, the location, and the asking price.
Generally speaking, the larger the property and the more desirable the location, the longer it takes to fill. Similarly, if the asking price is too high, the process can be delayed significantly.
However, if the property is in good condition, in a desirable location and the price is reasonable, it can take as little as a few weeks to fill the space. Ultimately, the length of time to fill vacant retail space in London varies greatly and is dependent on a range of factors.
Fill your vacant retail space in London with Storefront for free!
How to make an empty retail space look inviting in London?
An empty retail space can be a daunting task, but with the right strategy, it can be an opportunity to create a truly inviting space.
In a city like London, first impressions are everything. When a potential customer walks by your empty retail space, you want to make sure that it looks inviting and not like a place they would never want to step foot in. So, how do you make an empty retail space look inviting in London? Here are a few tips:
- Start with the windows. Make sure that the windows are clean and free of any debris. Add some eye-catching window displays to help draw people in.
- Pay attention to the entrance. The entrance to your retail space is just as important as the windows. Make sure that the entrance is clean and inviting. Then, consider adding a pop of color or something unique to make it stand out.
By following these tips, you can make your empty retail space in London look more inviting – and more likely to attract customers.
5 Key Steps to Managing a Successful retail Venue Business in London
In any business, but especially in retail, location is key for a retail venue business in London. If you’re thinking of opening a retail venue business in London, there are a few key things you need to do to ensure success.
- You need to clearly understand the London retail market and what your target market is.
- You need a well-thought-out business plan that considers all the costs of running a retail business in London.
- You need to find the right location for your business.
- You need to create a strong branding and marketing strategy.
- You need to have a robust management and operational plan in place.
In conclusion, you must partner with the right experts to have the best possible experience at your retail showcase venue.
We have been working with retail showrooms to create the best customer experience since 2010, and we have the experience, knowledge, and expertise to ensure you have a truly successful retail showcase venue.
Make your retail venue in London successful with Storefront
Any type of space can thrive on Storefront, from vacant retail space to industrial lofts.
After all, one thing that makes Storefront unique is its diversity of options.
Maximize Your Storefront Listing
Once it’s published, Boost it.
Boost your listing for more inquiries
- Once you’ve created your listing in the Storefront platform you will have the option to Boost it.
- Boosted listings appear at the top of search results, outranking similar spaces.
- Boosted listings receive more views, inquiries and bookings.
- Boosting a listing is a monthly subscription that can be canceled at any time.
- The cost to Boost a listing depends on the type of space and location.
- When your listing is live you will see a Boost button next to each listing in the ‘manage listings’ section of the platform.
How to make money with renting your commercial retail space in London?
In today’s commercial retail market in London, rents and vacancies are low. This makes a perfect opportunity for those looking to make extra money by renting out their commercial retail space. Here are a few tips on how to make money by renting your commercial retail space in London:
- Know your target market. Before putting your space on the rental market, take some time to consider who your ideal tenant would be. What type of business would they be running? What is their budget? What location do they need? Answering these questions will help you price your rental and market it to the right people.
- Research the competition. Look at other commercial retail spaces in London similar to yours and see what they are charging for rent. This will give you a good idea of the going rate in your area and help you price your rental accordingly.
- The type of space you have. You want to ensure that you have a large enough space to accommodate your business needs but not so large that you are paying for unused space.
- The location. You want to ensure that you are in a prime location that will get a lot of foot traffic.
In recent years, London has become one of the most sought-after places to open commercial retail space. The city is constantly buzzing with activity, and there are always new people to meet and things to do.
However, as with any major city, the cost of living and doing business in London can be high. Renting your commercial retail space can be a great way to make money.
5 Ways to Monetize Your retail Space in London
To make the most out of your retail space in London, it is important to consider how you can monetize it. There are several ways to do this, and the following are five of the most effective:
- Retail space can be rented out to other businesses. This is a great way to generate income, as you can charge a premium for the prime location.
- You can also sublet part of your retail space to another business. This can be a great way to generate additional income, as you can charge a percentage of the profits generated by the subtenant.
- You can use your retail space to host events. This is a great way to generate income, as you can charge for tickets or rent out the space.
- You can use your retail space to sell advertising. This is a great way to generate income, as you can charge businesses for the opportunity to advertise in your space.
- Offer services such as product customization or personal shopping.
Each option has its benefits and drawbacks, so it’s important to choose the one that’s right for you and your business. If you’re unsure where to start, consider talking to a retail expert or consultant to get some advice.
Advertise your retail space in London on Storefront for free today!
Renting out retail space in London
As London continues to grow and develop, more and more businesses are looking for ways to enter the market. One option becoming increasingly popular is renting out retail space in London. Retail space in London is in high demand, but there are a few things to consider before renting out your space.
- First, you need to decide what type of retail space you want to rent out. There are many retail spaces, from small shops to large department stores.
- You also need to consider the location of the retail space. London is a large city with many different neighborhoods, so you must choose a convenient location for your customers.
- Finally, you need to set a budget for your rent. Retail space in London can be expensive, so you need to make sure you can afford the rent.
This approach has several benefits, including the ability to test the market without a long-term commitment, the flexibility to move locations if necessary, and the opportunity to work with various retailers. If you consider renting out retail space in London, the few things above should be kept in mind.
Guidelines for renting out retail space in London
Retail space in London is a scarce commodity and one that is highly sought after by companies for their business endeavors. When the opportunity to rent such space does arise, certain guidelines should be followed to ensure a successful venture.
Moreover, taking the time to consider these guidelines before signing a lease agreement can help to ensure that all parties are satisfied with the arrangement.
If you’re thinking of renting retail space in London, there are a few things you need to take into account.
- First and foremost, you must ensure that the location is suitable for your business. There are several factors to consider when choosing a location, such as footfall, access to public transport, and local demographics.
- Once you’ve found a suitable location, you need to negotiate the terms of your lease with the landlord. Getting expert advice on what to include in your lease agreement is important to protect your interests.
- Finally, you must ensure you’re prepared for the costs of setting up and running a retail business in London. While the initial costs may be higher than in other parts of the UK, the potential rewards are also greater.
With careful planning and execution, renting retail space in London can be a great way to grow your business.
Advertise your retail venue in London
London is one of the most desirable and popular metropolitan cities in the world. It’s an amazing place to live, study, and of course, shop. However, as a retail venue owner in one of the world’s most competitive markets, standing out can be difficult.
With the right strategy and a bit of creativity, you can ensure that your retail venue can be found and patronized by the countless individuals that visit London each year. When advertising your retail venue in London, there are a few key things to keep in mind.
- First and foremost, you want to ensure that you are targeting the right audience. There is no use in advertising to people who are not interested in what you offer.
- Next, you want to ensure that your ad is attention-grabbing and informative. You want to give people a reason to visit your store and make sure that they know what to expect when they get there.
- Finally, you want to make sure that your ad is placed in a strategic location. You want to make sure that as many people see it as possible.
With these tips in mind, you should be able to effectively advertise your retail venue in London.
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Frequently Asked Questions
Having a live listing on Storefront requires a paid monthly subscription. However, we offer a free 45-day trial which doesn’t require credit card or bank details to get started.
After the free trial ends you will have to upgrade to a paid subscription to keep receiving inquiries.
Storefront takes 20% of the rental price as a transaction fee. This all comes out of what the renters pays. When you set your price in the platform you will clearly see how much you will receive per transaction.
Storefront offers a free trial of 45 days for new listings. After 45 days you will have to upgrade to a paid subscription to keep your listing live.
At the end of the 45-day free trial if you do not upgrade to a paid subscription your listing will be deactivated an go offline. Offline listings will no longer be visible to renters and you will no longer receive inquires
Once a space goes offline you will need to upgrade to a paid subscription to put it back online. As soon as you subscribe your listing will be visible to renters and you will start to receive inquires again.
Unfortunately not. Duplicate listings will not be approved and any such listings will not go live until the Listing Owner upgrades to a paid subscription.
After your 45-day free trial has finished you will need to upgrade to a paid subscription to keep your Listing live. The subscription is a monthly price that varies country to country. In the United States it costs $49 a month. Prices for other countries are similar but vary slightly depending on currency.
It takes less than 5 minutes to set up a listing. Check out this guide on how to list a space or click here to get started.
You can use the chat function to speak with renters in the platform. After you have worked with us for a
while you will be able to speak directly with them by clicking the ‘Request To Call Back’ button. This will
allow you to arrange a time to have a call with the brand. Please note: This functionality is not available to
everyone and we reserve the right to remove it if we feel it is not being used responsibly.
It usually takes 3-7 business days to process your payment.
Once you have confirmed your availability with the contact, you can click the button that say “Arrange
a visit” here you can suggest multiple dates and times that the brand can select.
A broad range of brands and renters use Storefront to find venues and spaces for their projects. From high street apparel to
high end showrooms and corporate events. If you make it clear in your listing what types of renters your space is
most suited to (including, event type, description, minimum duration, pricing etc.) you should only receive inquiries
from renters within your target demographic.
We do not organise viewings if you manage the listing. A select number of Storefront Listings are operated by the Storefront Concierge team but this is only for a very small number of listings and is a billable service (you will probably have to pay for it).
If you would like Storefront to manage your listing (including visits) please let us know and we will see if it’s something we are able to accommodate. There may be a fee involved. The best option will be for you to arrange your own viewings
with renters.
All types of commercial real estate perform well on the Storefront platform. Anything from retail, photo studios and art galleries to showrooms and warehouses. We attract a broad range of renters looking for all manner of use cases.
If the brand wishes to rebook, please instruct the brand to go back to the Storefront listing and rebook.
This is part of Storefront’s terms and conditions of usage and if you do not correctly follow this process we reserve the right
to pursue any guilty parties for breaching the terms and conditions.
Yes you can you can refuse a project if you feel the inquiry does not suit you or your listing.
Listing your space with Storefront takes five minutes. We have created a video walkthrough on how to list a space that can be found here.
Once your listing(s) has been published on Storefront you are immediately visible to potential tenants and able to start receiving inquiries. However, it is highly recommended that you scroll up and read the ‘How to succeed with Storefront‘ section of this page.
A highly optimised and well-managed listing will receive more inquiries and you will get more out of the Storefront platform. Optimising and managing your listing is straightforward, easy, and well worth the few minutes it will take.
We have created this video to help you.
You can also Boost your listing for a monthly subscription. This is done after your listing is published and live and will ensure your listing is one of the first relevant prospective renters see when searching the Storefront platform.